What are your thoughts on the concept of living a very long life? Have you ever thought about what would happen if you lived a very long life? Do you think about what age you will retire and how much money you will need once you retire? What amount of money per year will youContinue reading “One of Life’s Major Concerns”
Tag Archives: Financial planning
How to Accumulate Cash
Happy 2025! Have you set any New Year’s resolutions yet? If your goal for the new year is to become financially fit, then it’s time to start saving your money and stop spending it. Instead of heading out to your daily coffee run, how about you set aside that money and make it work forContinue reading “How to Accumulate Cash”
Another Reason to Build an Emergency Fund!
So last month I had an emergency, one of my air conditioning units went out right in the middle of the summer heat in Texas. Luckily that has been taken care of and my out-of-pocket expenses were minimal. However, a few more events have happened since then… Another repair or replacement coming soon We’ve allContinue reading “Another Reason to Build an Emergency Fund!”
401k Retirement Plan
youtube.com/watch As I continue to learn more about how tax deferred accounts work, taxpayers do end up paying more in taxes: 1) federal payroll tax withheld and 2) then again when you take withdrawals from a tax deferred account. The two products I recommend (and started investing in myself) that offer tax advantages are theContinue reading “401k Retirement Plan”
Why is it Important to Save?
youtube.com/watch I’m sure we’ve all seen an elder working at a fast food restaurant or grocery store chain. But have you asked yourself why are older people still working? Many working people do not have the financial education and did not learn the importance of saving money. If you have not started saving and haveContinue reading “Why is it Important to Save?”
How to Start Your Financial Plan
If you do not have a financial plan in place, you are in the right spot! Learning to create a financial plan doesn’t have to be daunting and it’s not something you have to rush in to, but it’s best to start working on a plan as early as possible. Working with your finances isContinue reading “How to Start Your Financial Plan”
Estate Planning Workshop
A Financial Education Story
I was going over an illustration today, specifically an IUL, and realized that this really serves multiple purposes. (Although I have an IUL policy and should already know the advantages, it goes to show you that you learn something new everyday.) So as I prepared the illustration I was working on and I explained it,Continue reading “A Financial Education Story”
What’s the Deal With Long Term Care Insurance?
Long term care is expensive and it is only going to keep getting more expensive. The benefits of long term care insurance is essentially having the income to afford necessary long term care, whether it’s at a nursing home facility or at home care. And assisted living services providers, such as a place for mom,Continue reading “What’s the Deal With Long Term Care Insurance?”
The Market is Down
stocks.apple.com/AcoDMeiFSQ9qjGb-siJh5IQ Now that the market is down and another bank was taken over, what can we do to protect our money? Naturally when the market goes down, people tend to take out money from the stocks they are investing in. This further causes the market to continue decreasing and in turn means people are incurringContinue reading “The Market is Down”